Corum Group International Advises Zeacom on Sale to Enghouse Systems

Bothell, WA (PRWEB) June 04, 2012 -- Software Mergers and Acquisitions specialist Corum Group Ltd. todayannounced the acquisition of its New Zealand-based client Zeacom Systems Limited (Zeacom) by EnghouseSystems Limited, a leading global provider of enterprise software solutions, for a purchase price of US$30.6million, subject to certain price adjustments.

According to Corums Nat Burgess, who led the transaction, Zeacoms management team balanced growth,innovation, and profitability and were able to attract strong interest from the private equity community. Theirhard work, and the smart decisions they made along the way, paid off when several strategic buyers preemptedthe recapitalization process.

For Burgess, the Zeacom deal is confirmation of several important trends. First, Zeacom recognized thegrowing influence of Microsofts Lync platform in the telephony sector, building value by investing in theoverall transaction from traditional PBX infrastructure to software servers. Second, cross-border transactionsare on the rise. The Zeacom transaction bridged Canada and New Zealand, and came on the heels of Corum transactions over the last few months in South Korea, Canada, Ukraine, and France. Third, the Zeacom processconfirms the value and efficacy of a parallel process, where all options, including strategic and financial, arefully vetted.

About Corum Group

Corum Group has sold more privately held software, IT and related technology companies than anyone in theworld in the last 26 years. Corum has done this by utilizing a team approach to each engagement, led by the industrys top dealmakers, themselves former CEOs and owners of tech companies. These executives have thehighest success rate in the industry, having generated over $7 billion in client wealth.

About Zeacom Group Limited

Zeacom is a leader in communications solutions that deliver Multimedia Contact Center, Business ProcessAutomation and plug-in Unified Communications functionality that bring customers closer. Established in1994, every day more than 3,500 sites rely on Zeacom's enterprise-class solutions to improve the customerexperience, increase productivity and understand their communications workflows. A managed IndependentSoftware Vendor (ISV) on Microsoft Lync, Zeacom has partnered with NEC for 17 years, is a Cisco PremierPartner and a registered member of the Avaya DevConnect program. The company has partners and offices inNorth America, Northern Europe and Asia Pacific. For more information, please visit www.zeacom.com.

About Enghouse Systems Limited

Enghouse Systems Limited is a leading global provider of enterprise software solutions serving a variety ofvertical markets. Its strategy is to build a large diverse enterprise software company through strategic acquisitions and managed growth. Enghouse shares are listed on the Toronto Stock Exchange. Furtherinformation about Enghouse may be obtained from its web site at www.enghouse.com.